Netweb Technologies Closes QIP, Allots 25.05 Lakh Shares at ₹4,790

Netweb Technologies India Ltd has announced the closure of its Qualified Institutions Placement (QIP) issue. The company's Fund Raising Committee approved the closure on August 20, 2026, following the receipt of applications and funds from eligible qualified institutional buyers. A total of 25,05,219 equity shares were allocated at an issue price of ₹4,790.00 per share, representing a discount of 1.96% to the floor price. The company also approved and adopted the placement document dated August 20, 2026, and will file it with the BSE and NSE. This move is part of the company's fundraising efforts under SEBI ICDR Regulations.